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Daily Dairy Report

The Daily Dairy Report provides a one-page daily summary of the domestic and global dairy markets, prices, supply and demand fundamentals, and CME cash and futures dairy trading activity. In addition to analyzing the latest report and current market activity, Daily Dairy Report Analysts will connect the dots by explaining what information and data are important and why. Mary Ledman, one of the dairy industry’s most respected market commentators, is the editor of the Daily Dairy Report and is supported by market analysts Sara Dorland and Sarina Sharp and Karen Endres, Communications Specialist. (The report is an Adobe PDF file and requires Adobe Acrobat Reader to preview).

CME Group Spot Dairy Product Prices ($/lb.) May 21, 2013
	Final	Change	Trades	Bids	Offers
Butter	$1.5950	NC	0	1	2
Cheddar Blocks	$1.7600	-1.00	9	0	1
Cheddar Barrels	$1.7300	-2.50	3	0	0
NDM Grade A	$1.6800	NC	0	1	0
NDM Extra Grade	$1.7000	NC	0	0	0

CME Group Spot Dairy Product Prices ($/lb.) May 24, 2013
	Mon.	Tues.	Wed.	Thurs.	Fri.	Current Avg.	Prior Week Avg.	Weekly Volume
Butter	$1.5950	$1.5950				$1.5950	$1.6015	5
Cheddar Blocks	$1.7700	$1.7600				$1.7650	$1.7745	9
Cheddar Barrels	$1.7550	$1.7300				$1.7425	$1.7380	5
NDM Grade A	$1.6800	$1.6800				$1.6800	$1.6880	0
NDM Extra Grade	$1.7000	$1.7000				$1.7000	$1.7000	0

CME Future Settlement Prices Week of May 24, 2013
	Mon.	Tues.	Wed.	Thurs.	Fri.
Class III (MAY)	$18.51	$18.51
Class IV (MAY)	$18.84	$18.84
Cheese (MAY)	$1.8260	$1.8230
Whey (MAY)	$0.5750	$0.5750
NDM (MAY)	$1.6425	$1.6425
Butter (MAY)	$1.6500	$1.6500
Corn (JUL)	$6.4950	$6.4000
Corn (DEC)	$5.2025	$5.2025
Soybean Meal (JUL)	$435.30	$438.70
Soybean Meal (DEC)	$345.40	$343.30
Live Cattle (JUN)	$120.125	$121.100